When companies give bonus based on meeting a target, employees try to lower the target requirements rather than focus on growing the company.
When parents give candy to their children based on how much they write, children figure out how to write fast without grasping the essence of the writing.
People look for ways that work for their best interest whenever they are incentivized.
We take a lot risks: climb mount Everest, walk on tightropes, or sky dive. We do...
We are apprehensive about an airplane crash more than food poisoning, even though the probability of...
It is a widely accepted tenet that people will end up getting what they deserve. People...
Our relationship with money is similar to our relationship with humans. We don’t hesitate to splurge...